Musical Chairs - The Brutal Truth Is That Businesses Will Not Create Enough Jobs

[TheMastersNemesis]

The job market is nothing but musical chairs. Corporations will never create enough jobs for all who need them. The labor surplus plays right into their cheap labor strategy.

[Bannakaffalatta]

1. Especially since they created it in the first place.

Business in the US and Canada has been exporting increasingly large numbers of manufacturing jobs (to Mexico, Philippines, Taiwan, etc) and hiring off-shore transport workers since the mid-70's, hiring migrant and illegal labourers even longer; moving out whole factories or contracting for parts in the far east on a large scale since the 90's; and more recently outsourcing service jobs as well. At the same time, they're agitating (through bought-and-lobbied legislators) for deregulation and de-unionization, driving down the wages and benefits of North American workers. And demanding a tax break for every $billion they ship to a foreign tax-haven.

Government, labour and tax revenue are confined within the borders of each nation, sitting targets. Corporations, their operation and their profits are free to go anywhere, untouchable.

Fortunately, this is a self-limiting situation: the market for their products dries up and the economic system collapses. Unfortunately, it's always the poorest people who are under a collapsing structure.